There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...
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No free mines with ultra mega power plants anymore: Coal ministry-Soma Banerjee
Bidders for upcoming ultra mega power plants in Odisha and Chattisgarh will have to pay a reserve price to the state government for coal mines that come bundled with the project, ending a long established policy regime in which the mines were allotted free. The coal ministry is in the process of finalizing norms for calculating the reserve price for the mines, bidding norms and a model agreement for which it...
More »CAG report on Maharashtra land row tabled in Legislative Assembly
-PTI Maharashtra Government today tabled the Comptroller and Auditor General (CAG) report, which allegedly indicts senior politicians from the state, in the Legislative Assembly amidst demand for a probe by PWD Minister Chhagan Bhujbal into its "leak". Making a personal clarification after the report was tabled by deputy Chief Minister Ajit Pawar, Bhujbal described the leak as a "conspiracy to malign individuals" and sought a probe, saying excerpts of the report that...
More »Parks, sanctuaries on mining no-go list soon-Nitin Sethi
A panel set up to review norms for no-go areas that will protect certain areas from commercial activity is likely to recommend mining should be disallowed in all national parks and wildlife sanctuaries in the country. Sources in the government told TOI that the committee, headed by the Union environment and forests secretary, is likely to close the debate over no-go areas as it is not inclined to reassess protected areas...
More »Spectrum order issues: Prez reference in SC
-The Business Standard The Union government on Thursday approached the Supreme Court with a presidential reference on various issues relating to its recent judgment in the 2G spectrum scam. The apex court, meanwhile, would take up the government's review petition tomorrow. The presidential reference, under Article 143 of the Constitution, and the review petition raise similar issues. The main concern of the government is the perceived interference of the judiciary in the...
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